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Showing 1121 - 1130 of 6583 results for "Review"

Divestments impact Insignia FUMA

ANDREW MCKEAN  |  WEDNESDAY, 25 JAN 2023
Insignia Financial reported an increase in funds under management and administration (FUMA) in Q2 FY23 despite divesting from JANA and AET. Insignia FUMA was $285.1 billion as at 31 December 2022, an increase of $7.4 billion (+2.7%) on a continuing ...

APRA slaps conditions on Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
... including in relation to high fees and poor investment performance. They seek to codify recommendations of a third-party review of Diversa's operating model, APRA said. Diversa is home to about 320,000 members and over $11 billion in retirement savings. ...

Consultation opens on NALI amendments

CASSANDRA BALDINI  |  TUESDAY, 24 JAN 2023
... APRA-regulated funds would be exempted from the NALI provisions for general expenses. Last year, Treasury announced it would review NALI, outlining the aim was to reform the provisions and ensure they operate as intended. Today, it urged all interested ...

TPB bans PwC partner over breach

CHLOE WALKER  |  MONDAY, 23 JAN 2023
The Tax Practitioners Board (TPB) has barred former PwC head of international tax Peter-John Collins for integrity breaches. The deregistration, which includes a two-year ban on Collins becoming a registered tax practitioner, followed an investigation ...

Mixed outlook for paraplanning: Study

ANDREW MCKEAN  |  FRIDAY, 20 JAN 2023
... 21.6% of them charge $81 to $100 per hour. One of the key issues facing paraplanning at the moment is the Quality of Advice Review and its draft proposals regarding Statements of Advice (SoAs). Concerning the cost of advice, KPMG research commissioned ...

Treasury working on QAR, super tax concessions

CASSANDRA BALDINI  |  THURSDAY, 19 JAN 2023
A Treasury spokesperson has indicated when industry can expect the release of the Quality of Advice Review (QAR) final report, while also confirming the government has not scrapped super tax concessions. A spokesperson for minister for financial services ...

We're doing a huge amount: Aware Super

CASSANDRA BALDINI  |  WEDNESDAY, 18 JAN 2023
... making a significant investment in its financial advice capabilities, regardless of what comes out of the Quality of Advice Review. Speaking to Financial Standard, Stewart pointed out that over the next five years, Aware estimates more than 100,000 members ...

Top 10 issues for super funds in 2023: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 JAN 2023
... regulatory settings, financial viability concerns and risks of providing advice. Regulatory reform from the Quality of Advice Review may assist in providing appropriate advice for members moving into retirement, but it is expected that any recommendations ...

BlackRock rethinks fundamental equities, PMs depart

JAMIE WILLIAMSON  |  MONDAY, 16 JAN 2023
... A spokesperson for BlackRock confirmed it is repositioning the Aussie fundamental equities business following a recent review. The business will maintain a core concentrated portfolio benchmarked to the ASX 300 and the new strategy will account for scale ...

APAC outperforms despite global sustainable finance retreat

RACHEL ALEMBAKIS  |  FRIDAY, 13 JAN 2023
... activity in Asia Pacific remained robust, according to research from Refinitiv. Refinitiv has issued its Sustainable Finance Review for 2022, which found that sustainable finance bond issuance totalled US$744.3 billion during full year 2022, a decrease ...